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Older Americans are Choosing Work Over Retirement

Allwork

Instead of retiring, an increasing number of American’s are working — either reentering the workforce or pressing onward with their professional careers. The post Older Americans are Choosing Work Over Retirement appeared first on Allwork.Space.

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Purpose and a Paycheck and the New Retirement

Small Business Labs

Purpose and a Paycheck is a new book from Chris Farrell, a leading expert on retirement and workforce issues facing people over the age of 50.    Lots of research, much of which is cited in the book, shows that staying engaged and active in retirement leads to greater levels of health and happiness. 

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The Biggest Financial Mistakes to Avoid in Your 40s

Success

Others may be trying to maximize their retirement savings while filling in the gaps of their parents’ savings. She advises doing a cash flow analysis over a two-year period, which shines a light on seasonal ebbs and flows (such as bonuses or paying for kids’ summer camps). It’s a balancing act—one that can easily lead to stumbles.

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Empower’s Budget App Will Teach You All About Smart Money Management

Success

These can include retirement savings, building an emergency fund or paying down debt. However, it does show you how much you must save each month to hit your retirement savings targets and whether you’re on track to do so. The app really goes into detail in its retirement dashboard.

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How to Know If You’re Financially Ready to Start a Business

Success

Market analysis: What are the current trends in your industry? Are you currently earmarking 15% to 20% of your income for retirement? But if you’re starting a business, then you generally won’t have income to put toward retirement at first. How would you describe your product or service offering? Who are your target customers?

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How to Choose the Best College Savings Account

Success

There are so many options or configurations that it’s easy to have analysis paralysis. Many people choose to supplement college savings using a Roth IRA because your child can use that money for non-education-related expenses and anything leftover can give them a headstart on their own retirement planning. Consider your timeline.

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Gen Z Will Rise as a New Powerhouse in 2024

Allwork

According to a recent analysis published by Glassdoor , this age shift brings new values and influence to the forefront of work-life preferences — including a heightened focus on community, transparency, and diversity. In the tech industry, a notable change is the expected decline in equity compensation.

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